Powderkeg - Igniting Startups: The Untold Stories of Innovation, Leadership, and SaaS Beyond Silicon Valley
About This Show
Powderkeg shares Startup Stories for High-Growth Business Leaders with Entrepreneurs, Investors, and Top Talent Beyond Silicon Valley. Powder Keg Gives You the Best Business Strategy from SaaS Entrepreneurs, Startup Investors, and Business Experts.
Most Recent Episode
#34: Blazing Your Own Trail and Strategic Risk Taking with Vidyard Co-Founder and CEO
6 days ago
Michael Litt (@michaellitt) is the CEO and co-founder of Vidyard, a leading provider of video hosting software for businesses and the kind of high-growth company you might expect to find in Silicon Valley. Although the company completed the prestigious Bay Area accelerator Y Combinator, it began and continues to operate in Kitchener, Ontario.
CEO Michael Litt co-founded Vidyard in 2011, and the company has since raised over $60 million and gained world-class brands like LinkedIn, Lenovo, Sharp, Rockwell Automation, Honeywell and Cengage as customers. Litt credits much of Vidyard’s success to the thriving entrepreneurial communities of Kitchener and nearby Waterloo, as well as the co-op program at his alma mater, the University of Waterloo, that helped him build a company that solved a real business need.
Litt and I met last year at the Salesforce user conference, Dreamforce, to record this interview. As we sat in the green room on beanbag chairs, Litt shared some of his most valuable secrets behind Vidyard’s growth. Among them are the foresight he had to take an amazing opportunity over a quick paycheck, his perseverance in the face of investors and customers saying “no,” and of course, the power that video can hold for enterprise businesses.
When you’re finished listening to this week’s episode, head over to Vidyard’s website to learn more about the company and its products, and reach out to Litt on Twitter @michaellitt to tell him what you thought of the show.
In this episode with Michael Litt, you’ll learn:
-- How a co-op education can help you launch a successful business
-- The kind of traction you can find by solving real problems in your industry
-- Why you should sometimes choose a great opportunity over a large paycheck
-- The most important kind of validation a startup can have
-- Why you shouldn’t give up when someone says “no”
-- How you can use video to pitch customers and investors
Download show notes and transcripts at www.powderkeg.com
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